Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

USD/JPY: the Bears have not abandoned their goals

The currency pair USD/JPY corrected to the four-hours Tenkan-sen yesterday after updating a local minimum for the last two weeks to 100.20. At this the bulls forces has ended and the pair continued to falling.

The market maintained its bearish trend. Negative cloud and dead cross will support the sales of the currency pair.

Technical levels: support – 100.80, 100.20, 99.60; resistance – 101.20.

Trade recommendations:

1. Sell — 101.00; SL — 101.20; TP1 — 100.20; TP2 — 99.60.

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